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Indicate whether the statement is true or false


TRUE

Business

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________ refer to open-ended questions that respondents answer in their own words

A) Dichotomous questions B) Structured questions C) Unstructured questions D) Branching questions

Business

Long-term capacity planning decisions such as the purchase of a new machine or construction of a new facility typically ______.

A. call for significant outlays of capital B. require approval from the supervisor of each shift C. need to be cleared by the government D. can be decided only by the board of directors

Business

Steinem's, a women's clothing line, decides to acquire a company that owns several retail outlets that sell its clothing. This is an example of a ________ merger

A) backward horizontal B) forward horizontal C) backward vertical D) forward vertical

Business

Ahlheim Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:  FormingAssemblyMachine-hours 16,000 15,000Direct labor-hours 2,000 6,000Total fixed manufacturing overhead cost$102,400$55,200Variable manufacturing overhead per machine-hour$2.30  Variable manufacturing overhead per direct labor-hour  $4.50 During the current month the company started and finished Job T924. The following data were recorded

for this job: Job T924:FormingAssemblyMachine-hours 70 20Direct labor-hours 30 40Direct materials$870$385Direct labor cost$630$840The total amount of overhead applied in both departments to Job T924 is closest to: A. $1,705 B. $1,157 C. $548 D. $609

Business